Corporate Office Properties Trust ( OFC ) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.275 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased OFC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that OFC has paid the same dividend. At the current stock price of $21.88, the dividend yield is 5.03%.
The previous trading day's last sale of OFC was $21.88, representing a -29.28% decrease from the 52 week high of $30.94 and a 8.69% increase over the 52 week low of $20.13.
OFC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). OFC's current earnings per share, an indicator of a company's profitability, is $1.15. Zacks Investment Research reports OFC's forecasted earnings growth in 2015 as 6.91%, compared to an industry average of 7.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.